On 01 June Solvay announced via press release that it had signed an agreement with Solvay Global Forum, its global social dialogue body, on the implementation of a profit-sharing plan based on the Group’s performance. The new plan will allow all employees worldwide to benefit from a scheme that is indexed to the Group’s financial and sustainable development performance for the years 2015 and 2016.
“After the successful termination of a one-year pilot scheme benefiting more than 22,000 employees in 2014, Solvay has now announced this new two-year profit-sharing plan. Based on both quantitative and qualitative criteria, it is linked to the achievement of financial (80%) and sustainable development targets (20%),” outlined the press release. In total an annual 10 million euro budget has been allocated to the plan for 2015 and the 2016 budget will be defined later and added as an...
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